Brief: Halo Food Co Says It Acquires Healthy Mummy

Halo Food Co

15/02/2022 01:35

Feb 15 (Reuters) - Halo Food Co Ltd  HLF.AX :
    * ACQUIRES HEALTHY MUMMY
    * DEAL FOR A$17.0M
    * CO RECEIVED BINDING COMMITMENTS FOR PLACEMENT OF A$3.5
MILLION
AND WILL LAUNCH SHARE PURCHASE PLAN TO RAISE UP TO FURTHER A$3
MILLION
    * ADDITIONAL FUNDING FOR ACQUISITION SECURED VIA A NEW DEBT
FACILITY OF A$13.0M WITH ARROWPOINT CAPITAL
    * DEAL IMMEDIATELY ACCRETIVE TO HALO (PRE-SYNERGIES)
    * PLACEMENT AT A$0.10 PER SHARE

Source text for Eikon:  ID:nASXbPybhg 
Further company coverage:  HLF.AX 

 ((Reuters.Briefs@thomsonreuters.com;))